What is Ex-Works (EXW)

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ACCESSIBLE 247, ALL IN ONE PLACE.
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ABOUT US
ECU360 is your personal logistics control tower
delivering end to end shipping services
Quotations, Bookings, Sailing Schedules and
Shipping Instructions.
ONE PLATFORM FOR ALL YOUR LOGISTICS NEEDS
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WHAT IS EX-WORKS (EXW)
Incoterms or International Commercial Terms
define the terms and conditions for any trade. It
is published by the International Chamber of
Commerce and explains the total trade
transportation costs from end-to- end
services. EXW or Ex Works is a subcategory of
incoterm. It is an international trade term that
facilitates shipping and transportation
arrangements for goods or cargo. It has the
smallest scope of handling the transportation
costs. Ex Works divides the responsibility of
shipping goods from one place to another between
the exporter (seller) and importer (buyer).
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HOW DOES EXW - EX WORKS OPERATE?
In simple terms, the seller produces a good as
per the buyers requirements. The seller and the
buyer reach a basic agreement to choose a
predetermined place known as Ex Works to start
the transportation of the product. The seller
then hands over the goods to the Ex Works
(predetermined location) and ends the seller's
responsibility partially. Ex Works now transports
the goods to the location of the buyer, where the
entire responsibility and risk of shipping these
goods will be taken up by the buyer. During this
process of transportation of goods from one place
to another, the seller provides the required
support to the buyer for obtaining approval from
agencies, but the costs or payments must be
entirely handled by the buyer.
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WHY CHOOSE ECU360 FOR EX WORKS?

• ECU360, a personal logistics control tower, is
  one such company offering Ex Works services. The
  number 360 in ECU360 stands for worldwide,
  which implies that they offer worldwide shipping
  and transportation for the goods. This online
  platform is feasible for any type of
  transportation and for any type of good. ECU360
  is the most favored online platform by companies
  for transporting and shipping their goods all
  over the world.

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HOW DOES ECU360 HELP BUYERS AND SELLERS?
ECU360 OFFERS SEVERAL BENEFITS TO BOTH SELLERS
AND BUYERS THROUGHOUT THE WHOLE SHIPPING AND
TRANSPORTATION PROCESS. HERE IS HOW THE PROCESS
WORKS THE SELLER PRODUCES OR MANUFACTURES A
PARTICULAR PRODUCT AS PER THE REQUIREMENTS OF THE
BUYER. THE SELLER AND BUYER CAN NOW COME TO AN
AGREEMENT TO SELECT ECU360 AS A PREDETERMINED
LOCATION (EX WORKS) UPON THE AGREEMENT OF BOTH
PARTIES. ECU360 CAN BE SELECTED AS EX WORKS BY
BOOKING IT THROUGH ITS ONLINE PORTAL. AFTER
OPTING FOR ECU360, THE SELLER DELIVERS THE
MANUFACTURED PRODUCT AT THE LOCATION. ECU360 NOW
TRANSPORTS THIS PRODUCT TO THE BUYER THROUGH
VARIOUS MODES OF TRANSPORTATION. ECU360, IN THIS
PROCESS, PROVIDES ALL THE REQUIRED DATA, THE
STATUS OF THE PRODUCT AND FACILITATES TRACKING OF
THE PRODUCT THROUGH ITS WEBSITE TO THE SELLER AND
THE BUYER. ECU360 PROVIDES ACCESS TO ALL THE
DOOR-TO-DOOR PRICES TO THE BUYER. THE BUYER HERE
TAKES THE ENTIRE RESPONSIBILITY OF TRANSPORTATION
COSTS AND THE RISKS THAT ARE INVOLVED (LIKE
TRANSPORTING THE GOODS TO SHIPS, LOADING THEM
ONTO THE TRUCKS OR VEHICLES, HANDLING THE CUSTOMS
REGULATIONS AND THE MINISTRY IN AUTHORITY, AND SO
ON), RIGHT FROM THE TIME WHEN THE GOODS ARE
HANDED OVER TO
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For any question and concerns, please
email ecu360contactus_at_ecuworldwide.com OR VISIT
AT- www.ecu360.com